RBI MONEY MARKET OPERATIONS
7 months, 2 weeks ago

RBI MONEY MARKET OPERATIONS

Live Mint  

MUMBAI, Nov 21, Money Market Operations as on November 19, 2024 Volume Weighted Average Rate Range A. Market Repo 980.85 6.59 6.45-6.74 V. Repo in Corporate Bond 0.00 - - RBI OPERATIONS@ Auction Date Tenor Maturity Date Amount Current Rate / Cut off Rate C. Liquidity Adjustment Facility, Marginal Standing Facility & Standing Deposit Facility I. Variable Rate& Main Operation Repo Reverse Repo Fine Tuning Operations Repo Reverse Repo Tue, 19/11/2024 3 Fri, 22/11/2024 22,565.00 6.49 3. Variable Rate& Main Operation Repo Reverse Repo Thu, 14/11/2024 15 Fri, 29/11/2024 8,405.00 6.49 Fine Tuning Operations Repo Reverse Repo Mon, 18/11/2024 4 Fri, 22/11/2024 28,720.00 6.49 3. Special Long-Term Repo Operations for Small Finance Banks £ Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00 Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00 Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00 Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00 Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00 D. Standing Liquidity Facility Availed from RBI$ 7,201.91 E. Net liquidity injected from outstanding operations * -26,738.09 F. Net liquidity injected * -103,894.09 RESERVE POSITION@ G. Cash Reserves Position of Scheduled Commercial Banks Cash balances with RBI as on November 19, 2024 1,040,861.18 Average daily cash reserve requirement for the fortnight ending November 29, 2024 1,021,798.00 H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ November 19, 2024 0.00 I.

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History of this topic

Indian Banking Liquidity Deficit Hits Highest in Six Months
6 days, 16 hours ago

Indian Banking Liquidity Deficit Hits Highest in Six Months

Live Mint  

-- The liquidity deficit in the Indian banking system hit the highest in nearly six months on advance tax payments by companies and likely dollar sales by the central bank to curb rupee volatility. The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was at 1.5 trillion rupees as of Monday, the highest …

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says
1 week, 5 days ago

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 11 - Indian government bond yields may trend in a narrow range in the near term, but the benchmark bond yield could ease to levels seen three years ago if the central bank cuts interest rates in its next policy meeting, the treasurer at ICICI Bank said. Going into the next year, if there is …

RBI Is Said to Shore Up Banking Liquidity Before Rate Decision
2 weeks, 4 days ago

RBI Is Said to Shore Up Banking Liquidity Before Rate Decision

Live Mint  

-- India’s central bank has been shoring up banking system liquidity ahead of a key policy decision, having depleted it in recent days in its efforts to stabilize the rupee, according to people familiar with its transactions. The moves come at a time when the slowest pace of economic expansion in almost two years is mounting pressure on central bank …

RBI MONEY MARKET OPERATIONS
6 months, 2 weeks ago

RBI MONEY MARKET OPERATIONS

Hindustan Times  

MUMBAI, Jun 04, Money Market Operations as on June 3, 2024 RBI MONEY MARKET OPERATIONS Volume Weighted Average Rate Range A. Market Repo 2,876.26 6.51 6.42-6.70 V. Repo in Corporate Bond 0.00 - - RBI OPERATIONS@ Auction Date Tenor Maturity Date Amount Current Rate / Cut off Rate C. Liquidity Adjustment Facility, Marginal Standing Facility & Standing Deposit Facility I. …

Deposit of ₹2000 notes, rise in RBI dividends to improve short-term liquidity
1 year, 6 months ago

Deposit of ₹2000 notes, rise in RBI dividends to improve short-term liquidity

Live Mint  

There will be an improvement in short-term liquidity due to an increase in RBI dividends and deposit of ₹2,000 notes by banks till September, predicts India Ratings in its latest edition of the monthly credit market tracking report. The report highlighted that the Banking system liquidity declined as of 25 May 2023 to around ₹500 billion on average. “Decline in …

RBI may buy $18 bn of bonds to boost liquidity, says B. Prasanna of ICICI
1 year, 6 months ago

RBI may buy $18 bn of bonds to boost liquidity, says B. Prasanna of ICICI

Live Mint  

The Reserve Bank of India may buy nearly $18 billion of government bonds to replenish banking liquidity that’s expected to tighten later in the year, according to a report by Bloomberg. The central bank may cut the cash reserve ratio by half a point in the second half of the fiscal and start buying bonds in the December quarter to …

RBI to auction govt securities worth ₹33,000 cr on 2 Sept. Details here
2 years, 3 months ago

RBI to auction govt securities worth ₹33,000 cr on 2 Sept. Details here

Live Mint  

The Reserve Bank of India will be auctioning four dated government securities worth ₹33,000 crore on September 2. Both competitive and non-competitive bids for the auction should be submitted in electronic format on RBI's core banking solution system. These four government securities as per Finance Ministry are: – 6.69% Government Security 2024 amounting to ₹4,000 crore. RBI in its statement …

RBI eases overseas borrowing to spur forex inflows
2 years, 5 months ago

RBI eases overseas borrowing to spur forex inflows

The Hindu  

The Reserve Bank of India on Wednesday announced a slew of temporary measures aimed at boosting foreign exchange inflows, including a doubling in the overseas borrowing limit for eligible corporates and removal of interest rate ceilings for NRIs’ foreign currency deposits. “It has been decided that with effect from the reporting fortnight beginning July 30, incremental FCNR and NRE deposits …

Bond turmoil on India’s cash drain shows market fragility
3 years, 11 months ago

Bond turmoil on India’s cash drain shows market fragility

Live Mint  

The Reserve Bank of India’s first steps to revive money-market rates proved how fragile sentiment remains, as a spike in bond yields spurred policy makers to announce more buying to quell the turbulence and protect the economy’s nascent recovery. The central bank’s first 14-day reverse-repurchase operation since March saw rates on short-dated sovereign bonds rise as much as 33 basis …

Treasury bill yields rise in India after RBI’s cash move
3 years, 11 months ago

Treasury bill yields rise in India after RBI’s cash move

Live Mint  

India’s Treasury bill yields rose at an auction after the central bank took the first step toward paring back on some of its pandemic relief measures. The 190 billion rupees sale was the first sovereign auction since the Reserve Bank of India said late on Friday it plans to drain cash via a reverse repo operation. “After today’s T-bill auction, …

Expert views: RBI keeps key rates steady as expected
4 years ago

Expert views: RBI keeps key rates steady as expected

Live Mint  

The Reserve Bank of India kept key interest rates steady as widely expected on Friday amid persistently high inflation, and after a better-than-expected reading on economic growth. Joseph Thomas, head of research - Emkay Wealth Management, Mumbai "The RBI policy reflects the determination of the central bank to continue with the accommodative policy, with the base rate unchanged at 4%, …

Short-term rates crash in India with funds overflowing with cash
4 years ago

Short-term rates crash in India with funds overflowing with cash

Live Mint  

A glut of cash chasing assets in India has caused short-term rates to plunge. Key borrowing costs like the weighted interbank call rate and collateralized money-market rates are way below the Reserve Bank of India’s benchmark in recent days, indicating investors such as mutual funds are accepting returns lower than what RBI’s deposit window would offer banks. “The RBI may …

Loose monetary policy is worsening wealth inequality
4 years, 2 months ago

Loose monetary policy is worsening wealth inequality

Live Mint  

The size of the Atmanirbhar Bharat package announced by Prime Minister Narendra Modi in May was estimated to be about ₹20 trillion, or nearly 10% of gross domestic product. Thus, the actual payout from the Centre’s treasury, or the fiscal resources that would flow out, would only occur in cases of delinquency on these loans, which were presumably at least …

RBI measures help bring 10-yr govt bond yield down by 17 bps, lowest in 3 months
4 years, 3 months ago

RBI measures help bring 10-yr govt bond yield down by 17 bps, lowest in 3 months

Live Mint  

The yield on government 10-year bonds fell over 17 basis points on Tuesday, the most in three months, after the Reserve Bank of India announced measures to allay the market fears over rising yields and higher borrowing programmes. It also announced additional open market operations worth ₹20,000 crore and term repo operations worth ₹1 trillion to infuse liquidity into the …

RBI Balance Sheet Expands by 30% in 2019-20
4 years, 3 months ago

RBI Balance Sheet Expands by 30% in 2019-20

News 18  

The size of the Reserve Bank’s balance sheet, which is reflective of activities carried out by it in pursuance of currency issue function as well as monetary policy and reserve management objectives, has increased by 30.02 per cent in the year ended June 30, 2020, says its annual report. The balance sheet increased by Rs 12,318.88 billion to Rs 53,347.93 …

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